FT declaring the annual dividend in Franklin India Taxshield (FIT) and is the sixth straight dividend in the fund through market cycles.
Launched in April 1999, the fund with its predominantly large cap focus has delivered good performance and is amongst the top 10 ELSS products in the country. It manages over Rs.760 crores across 2.38 lakh investor accounts.
Taxshield is ideal for investors seeking capital appreciation and tax savings (Upto Rs.1 lakh investment under Sec 80 C).
The details are given below:
Quantum : Rs.3.00 per unit
Record Date for both dividends : January 15, 2010 (Friday)
Ex-dividend NAV Date : January 18, 2010 (Monday)
FOR INVESTING IN TAX SAVINGS MUTUAL FUND – CONTACT – AMIT SURPURIYA – 9850873688 – PUNE
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